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Ebix, Inc. (EBIX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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31.98+1.33 (+4.34%)
At close: 04:00PM EST
31.98 0.00 (0.00%)
After hours: 05:51PM EST
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  • R
    Randy
    With 2 big-time accounting firms on board, the DRHP will be squeaky clean. I doubt if there will be much modification of the DRHP to the RHP. If the DRHP isn't released until Q4 earnings, we'll have to wait until middle of Feb or even into March. Hopefully the report will be available sooner. The big gain today was on huge volume which is very good. Obviously much positive interest today. It would be wonderful if this big bump today is here to stay and SP grows steadily. The shorties got two black eyes today. If the SP continues heading north, shorties will have to cover and take a big loss. Couldn't happen to a nicer group of investors.
    Bullish
  • B
    Ben
    So, what's the deal? Hopefully some good news on the EBIX Cash IPO???
    Bullish
  • d
    dreamer
    Cover story on Business World - another top 5 business magazines in India. Detailed coverage with multiple articles. For a change, the second-tier leadership is also covered.

    http://online.anyflip.com/qqqhq/ohfo/mobile/index.html
    BW Businessworld
    BW Businessworld
    online.anyflip.com
  • m
    mkt_voix_de_raison
    "EbixCash Announces Appointment of Eminent Financial Luminary & Former RBI Executive Director - Ms. Uma Shankar to Its Board of Directors"
    https://finance.yahoo.com/news/ebixcash-announces-appointment-eminent-financial-122900814.html

    OK Fine, the EbixCash BOD appears to be shaping up.

    BUT WHAT ABOUT THE CLOWNS THAT SIT ON THE MAIN EBIX BOD?
    As Ebix knows from repeated corporate governance surveys, the EBIX BOD is hopelessly inept
    -they should have avoided RSM auditor disaster
    -they should provide far more oversight to our maverick CEO, whose missteps have caused material capital harm, including the aborted Yatra deal.
    -the BOD has not been rotated for more than a decade, whereas the bare semblance of good corporate governance demands a re-election of new members every 5 years
    -the Chairman of Ebix BOD is also the CEO, a huge red flag
    -this Chairman and CEO decides and awards himself his bonus, that bears ZERO resemblance to his performance
    -2 of the board members are gnomes in Switzerland of a trustee shelf company who wouldnt know India if it hit them in the face.
    -2 of the board members are +75 yrs old and have expressed NO sign of life in the past 3 years, given the egregious lack of oversight in Ebix's 'missteps'.

    What I fail to understand is IF Ebix is trying to constitute a credible BOD for EbixCash,
    why on earth don't they reconstitute the main board? The lack of regulatory oversight and competence are glaring!
    Yet the main BOD remains.

    A CYNIC MAY WELL ASK:
    Could it be that the gnomes in Switzerland of the shelf company , the 2 board members that have been there for more than a decade, fast asleep...
    Could it be that these gnomes have something nefarious to do with a mysterious institutional shareholder in Ebix for about 15 years, that was first called Rene SA, and then called Nesbit SA

    NOTE THE CYNIC MAY WELL SUSPECT THERE IS SOMETHING NEFARIOUS OR SINISTER ABOUT THIS HOLDING COMPANY, that happened to have the same registered address as the gnomes in Switzerland.

    If you are interested in this question, see my SA article for more info here:
    "Ebix: A Success Story Gone Awry, But Shareholders Can Vote 'No' To Turn It Around Now"
    https://seekingalpha.com/article/4373529-ebix-success-story-gone-awry-shareholders-can-vote-no-to-turn-around-now?source=all_articles_title

    NB Ebix gave NO ANSWER despite my numerous attempts directed to Ebix Investor Relations (before they sent me a cease and desist letter), about this Nesbit SA, that owned around 10% of Ebix but appears to now have disappeared... without a declaration of sale on Ebix 13F filings.
    NOIDA, India and JOHNS CREEK, Ga., Jan. 10, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, heal
    NOIDA, India and JOHNS CREEK, Ga., Jan. 10, 2022 (GLOBE NEWSWIRE) -- EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, heal
    finance.yahoo.com
    Bullish
  • d
    dreamer
    Another Cover story on Business India under the title

    Robin Raina: Fintech’s Master Blaster

    Not able to post the link.
  • R
    Randy
    While the recent 3 magazine articles about RR and, EBIXCash IPO were well written and articulate. RR and the sycophant BODs want to take EBIXCash bigtime internationally. That is a great idea if it will benefit the SHs. If making EBIXCash recognized worldwide boosts SP, then I'm all for it. Raina is a master at acquisitions that provide inorganic growth, but SP has certainly languished. Granted, Wuhan Virus has had an incredibly negative effect on growth, although EBIX has done as well as can be expected. I bet the IPO will not occur in Q1 as RR announced last summer. I hope I am wrong.
  • k
    kar
    It s the right time for Ebix and Ebix Cash. EOM.
    Bullish
  • m
    mkt_voix_de_raison
    I HAVE SO HAD ENOUGH! of this Mumbai Clown Troupe masquerading as a Management team, Robin "Chief Autopilot" Chief Clown Robin Raina

    (with his single-engine Cessna propellor moustache - see Raina the Bollywood superhero here for a good laugh)
    "Ebix Sends Me A Legal Threat"
    https://seekingalpha.com/instablog/254888-sunil-shah/5432484-ebix-sends-me-legal-threat

    and his comatosed goblins asleep in Switzerland, while Ebix burns, that serve as the BOD

    The day could not come sooner than THE ENTIRE SORRY SAGA OF EBIX is in my past.

    pls oh pls EBIX !! CHIEF Mumbai Clown Troupe, (EBIX)
    JUST DO SOMETHING- HALF RIGHT ! - FOR 3 MONTHS:
    LIST THE EBIXCASH IPO, without another tragedy like RSM, SO I CAN SELL MY SHARES!!!
    I WILL LEAVE EBIX IN YOUR LALALAND FOR THE REST OF TIME.
    I PROMISE!

    I promise: you will never hear from me commenting on you for the rest of your days.
    if you want it in writing, I'll do it.
    Just give me a little window to get out.
    pls, I'm pleading with you

    Sincerely
    Your ardent admirer
    Sunil Shah
    i have been very vocal to Ebix IR. I had a v good relationship with both IR and occasional contact with the CEO Robin Raina.
    i have been very vocal to Ebix IR. I had a v good relationship with both IR and occasional contact with the CEO Robin Raina.
    seekingalpha.com
    Bullish
  • a
    aabb
    EBIX + ALPP manuf conglomerate + AABB Gold-backed crypto stock.
    Bullish
  • m
    mkt_voix_de_raison
    THINGS I HAVE LEARNT THROUGH EBIX:
    -100% unequivocal integrity in management is a prerequisite sine non qua; DONT INVEST, however much the intrinsic upside
    -A competent and effective BOD for oversight that knows and operates for the real owners of the company, the outside shareholders.
    I have waited 5'ish years, hoping for some BOD intervention, to a NOTIONAL semblance of better corporate governance.
    Ebix has failed miserably, despite a litany of disasters that show the 'missteps' of a dominant CEO CANNOT BE curtailed by outside shdrs - even dissatisfied institutions don't have the time or inclination to get their 'hands dirty.'
    Ebix now tries to trumpet the credentials of the BOD of EbixCash. But for what? If the mothership is staffed by a bunch of clowns whose buffoonery/('missteps') are ENTIRELY at the shdr's expense, what good is a competent BOD of a subsidiary (EbixCash)?
    I SIMPLY CAN'T WAIT FOR THE DAY THIS PATHETIC SORRY SAGA OF EBIX IS IN MY PAST.
    Bullish
  • L
    Laurence
    Giftcard revenue will grow, the margin might not be as high, but the volume of the business will be much better as the reopening of the world economies continue. The Ebix card business in Philippines and Indonesia is a tailwind. With the smart board business EBIX is engaging in India, EBIX should have a solid growth for the quarters to come. A P/E of a single digit in a growing Indian market and down by over 15% after a report earning do not make sense.
    Bullish
  • m
    mkt_voix_de_raison
    This stock is EASILY worth $89 / Ebix share on a successful IPO, earmarked for April '22
    DESPITE MANAGEMENT EGREGIOUS "MISSTEPS"
    Bullish
  • G
    Green
    According to their last earnings call - filing a red herring prospectus towards EbixCash IPO (India) is likely to occur within a month from now.
    Is anyone here aware of any EbixCash value estimation?
    The IPO might drive Ebix to new highs...
  • S
    Shi
    Solid ER and guidance. Going to load up more.
    Bullish
  • G
    Glenn
    Maybe EBIX should go into the "How to initiate an investigation" business - seems very good at that
  • m
    mkt_voix_de_raison
    AN IPO DOESN'T MAGICALLY IMPLY GOLD
    personally I'm not surprised PAYTM flopped.
    You need a real biz model, NOT just revenue, and IMO EbixCash needs to show a tangible path to operating profitabability, NOT just Revenues.
    https://seekingalpha.com/news/3772528-berkshire-hathaway-backed-paytm-stock-takes-a-tumble-in-trading-debut
    Berkshire Hathaway (BRK.B -0.2%) (BRK.A -0.4%) shareholders should keep that in mind on the news that shares Paytm (PAYTM), a digital payment firm that went public in India, tanked 27% in their first day of trading.
    Bullish
  • D
    Dave
    Up 11%
  • G
    Glenn
    EBIX is up over .00002 % since 2014 - now we are getting somewhere - great investment
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